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3 star

Kotak Infrastructure and Economic Reform Fund - Standard Plan


1 Lakh

Investment Grown to
₹ 1.72 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.87 Lakh

Suitability:

This is a fund that invests mainly in shares of companies engaged in infrastructure-related activities or are expected to benefit from them.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other infrastructure fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 55.15 -2.82 -3.52 -2.21 8.62 23.35 67.52 19.83 14.05 11.47 14.72
S&P BSE India Infrastructure TRI 49.88 -3.96 -3.49 -4.05 11.57 14.68 69.57 14.71 10.64 7.98 11.78
Equity: Sectoral-Infrastructure 48.61 -3.33 -3.33 -2.18 8.79 18.32 62.39 19.00 14.54 10.88 13.45
Rank within category 3 2 12 12 12 2 5 6 15 9 5
Number of funds in category 21 21 21 21 21 21 21 21 21 20 19

As on 26-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Infrastructure and Economic Reform Fund - Standard Plan  | Invest Online
3 star
Feb-08 67.52 19.83 14.05 2.63% 462
ICICI Prudential Infrastructure Fund  | Invest Now
4 star
Aug-05 68.40 18.11 14.64 2.45% 1,447
DSP T.I.G.E.R. Fund - Regular Plan  | Invest Online
4 star
Jun-04 62.15 18.86 14.37 2.55% 1,302
Franklin Build India Fund  | Invest Online Now
4 star
Sep-09 60.14 18.64 15.56 2.30% 1,132
SBI Infrastructure Fund  | Invest Online
4 star
Jul-07 56.05 21.80 15.02 2.60% 744

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 27.39 13-May-2009 - 20-May-2009 -18.91 16-Mar-2020 - 23-Mar-2020
Month 38.63 11-May-2009 - 10-Jun-2009 -37.92 20-Feb-2020 - 23-Mar-2020
Quarter 81.14 09-Mar-2009 - 10-Jun-2009 -40.79 02-Sep-2008 - 02-Dec-2008
Year 126.07 09-Mar-2009 - 11-Mar-2010 -58.55 29-Feb-2008 - 02-Mar-2009

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 23.27 26.02 0.75 0.81 0.82 6.75
S&P BSE India Infrastructure TRI 19.22 29.37 0.52 0.75 -- --
Equity: Sectoral-Infrastructure 22.39 26.18 0.72 0.81 0.82 5.93
Rank within category 6 10 7 9 11 7
Number of funds in category 21 21 21 21 21 21

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 36
Top 10 Stocks (%) 46.08
Top 5 Stocks (%) 27.77
Top 3 Sectors (%) 68.56
Portfolio P/B Ratio 3.77
Portfolio P/E Ratio 28.93

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 33,212 52,757
Giant (%) 21.48 30.34
Large (%) 7.63 15.73
Mid (%) 46.12 30.22
Small (%) 24.76 24.70
Tiny (%) -- 1.31

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down Solar Industries Chemicals 71.78 6.42 3.63 6.42
down Bharti Airtel Communication 143.20 6.15 0.00 5.56
equal Larsen & Toubro Construction 28.52 6.62 4.66 5.54
equal Reliance Industries Energy 31.22 6.11 2.19 5.49
down Schaeffler India Engineering 40.52 5.37 2.80 4.76
equal Ultratech Cement Construction 33.50 6.31 4.05 4.13
equal Container Corporation Of India Services 47.64 4.34 2.86 3.68
equal Thermax Engineering 62.82 5.31 3.28 3.58
equal PNC Infratech Construction 12.85 4.22 1.50 3.51
up Shree Cement Construction 35.83 7.46 3.34 3.41
down HG Infra Engineering Construction 11.27 3.89 2.10 3.19
equal Gujarat Gas Energy 30.77 4.28 2.64 2.96
equal AIA Engineering Metals 30.11 4.46 2.76 2.89
equal Kajaria Ceramics Construction 43.59 3.40 1.57 2.64
up Indraprastha Gas Energy 23.41 4.73 1.26 2.56
up Rolex Rings Engineering 33.22 2.52 0.00 2.52
up Supreme Industries Chemicals 23.50 4.24 2.27 2.52
equal The Ramco Cements Construction 20.49 3.68 1.88 2.42
equal Hindustan Oil Exploration Company Energy 36.48 3.03 1.20 2.37
equal JMC Projects (I) Construction 50.56 3.78 1.80 2.34
equal Mahindra Lifespace Construction -- 2.38 0.94 2.32
equal NTPC Energy 9.31 3.03 1.95 2.30
equal Ratnamani Metals & Tubes Metals 34.46 3.39 1.44 2.26
up Cummins India Engineering 27.65 2.48 1.37 2.13
equal ABB India Ltd. Engineering 105.30 1.83 0.00 1.83

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Harish Krishnan since 31-Jan-2015

Education: Mr. Krishnan is a Graduate from Government Engineering College Trichur and MBA from IIM Kozhikode

Experience: Prior to joining Kotak Mahindra Mutual Fund, he was based out of Singapore and Dubai, managing Kotak's offshore funds. He has also worked at Infosys Technologies Ltd in his earlier stint.

Funds Managed:


-2.82%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 31.8610

IDCW: ₹ 25.4810


Investment Strategy

The Scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities of companies involved in economic development of India as a result of potential investments in infrastructure and unfolding economic reforms.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 25-Feb-2008
Return Since Launch: 8.79%
Benchmark: India Infrastructure TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 462 Cr (As on 31-Oct-2021)
Expense: 2.63% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Average
Turnover: 28.20%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW21-Feb-20190.4356

 28-Feb-20180.6250
 23-Feb-20170.5000
 23-Jun-20150.5000

Contact Information

AMC: Kotak Mahindra Asset Management Company Ltd

Address: 27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai - 400051

Phone: 022-61152100 / 1800-22-2626

Fax: 022-66384455

Email: [email protected]

Website: https://www.kotakmf.com/

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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